Multiple Choice
Refer to the information provided in Figure 12.1 below to answer the questions that follow.
Figure 12.1
-Refer to Figure 12.1.At aggregate output levels above $1,500 billion,firms in this economy are most likely experiencing
A) costs increasing as fast as output prices.
B) costs lagging behind increases in output prices.
C) costs falling as prices output increase.
D) costs rising faster than output prices.
Correct Answer:

Verified
Correct Answer:
Verified
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